Tag: EDCON
Edcon creditors launch last-minute court bid to halt business rescue talks
A group of Edcon creditors have launched an 11th-hour high court application to halt two meetings on Monday at which a business rescue plan was due to be discussed and adopted.
Durban-based...
Edcon group gets R2.7-billion lifeline
The Unemployment Insurance Fund (UIF), debt holders and landlords have all come to the rescue of the troubled Edcon group — which owns Edgars, Jet and CNA — in a deal that...
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South Africa can become a global hub for making batteries for...
For the country to become a player in the alternative powered vehicle market, it needed to provide clarity on its battery manufacturing plans and...